NAICOM Protects Annuity Business With Additional Guidelines

BY NKECHI NAECHE- ESEZOBOR–In a bid to enshrine best practice in the management of annuity portfolios by insurance institutions, the National Insurance Commission (NAICOM), on Friday released four additional regulatory requirements for annuity business in Nigeria. According to the commission this is aimed to ensuring a safe, sound, and stable insurance sector. The commission in […]

NAICOM issues additional guidelines for annuity business

worldstagenews.com - 31/Jan 11:38

WorldStage Newsonline– The National Insurance Commission (NAICOM) has issued additional regulatory requirements for life insurance companies...

Insurers Pays N564bn On Claims Q3 2024, As Premium Rises To N1.173trn

businesstodayng.com - 28/Jan 12:16

BY NKECHI NAECHE-ESEZOBOR– Nigerian Insurance Industry gross claims grew to N564 billion as at the end of Q3 2024, representing about 48.1 per cent...

Bermuda Monetary Authority updates: Key regulatory guidelines and requirements released

harneys.com - 01/Feb 21:35

On 2 December 2024, the Bermuda Monetary Authority released several key documents to guide insurance entities in their year-end reporting and...

FG Releases N22bn For Accrued Rights Payment

businesstodayng.com - 21/Jan 21:51

BY NKECHI NAECHE-ESEZOBOR— The Federal Government has paid N22 billion as accrued pension rights of its employers in Ministries Departments and...

50% Telecom’s Tariff Hike Unjustifiable- NLC

businesstodayng.com - 22/Jan 17:34

BY NKECHI NAECHE – ESEZOBOR—The Nigeria Labour Congress (NLC) on Wednesday condemned the Federal Government recent approval through the Nigerian...

NIA Commend Nigerian Police On Enforcement Of Third-Party Motor Insurance, Says Is A Game Changer For The industry

businesstodayng.com - 20/Jan 10:51

BY NKECHI NAECHE-ESEZOBOR— The Nigerian Insurers Association (NIA)on Monday applauded the Inspector General of Police (IGP), and the Nigeria Police...

African Alliance Insurance Interim Mgt Planning To Purchase SUVs- Staff Raises Alarm

businesstodayng.com - 28/Jan 06:51

BY NKECHI NAECHE- ESEZOBOR–Staff of African Alliance Insurance Plc have alleged plan by the newly appointed interim management, led by the Managing...

Regency Alliance Insurance Unveils New Head Office

businesstodayng.com - 01/Feb 07:26

BY NKECHI NAECHE- ESEZOBOR–Regency Alliance Insurance Plc has unveiled its new state- of – the art head office in Lagos. The event, held at the...

SEC Cautions Nigerians Against Risevest, Stecs Cooperative Societies, Says They Are Not Registered

businesstodayng.com - 27/Jan 06:20

BY NKECHI NAECHE- ESEZOBOR–The Securities and Exchange Commission (SEC) has warned the public, against engaging in any investment-related...

Premium Pension Appoints New ED

businesstodayng.com - 30/Jan 18:08

BY NKECHI NAECHE- ESEZOBOR–Premium Pension Limited on Thursday announced the appointment of Dr. Ibrahim Barhama Boyi as the Executive Director,...

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